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Thailand welcomes Google's US$1 billion investment in data center


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Thailand on Monday welcomed a major investment from the tech giant Google, which announced plans to invest US$1 billion to build a data centre and cloud region in the country. The firm stated that the investment aims to meet growing cloud demand and support artificial intelligence adoption in Southeast Asia.

 

According to a Deloitte study on the project, the investment is expected to create approximately 14,000 jobs annually until 2029. This is a significant boost, especially as technology continues to reshape economies and job markets globally.

 

Earlier this year, in May, Microsoft proposed launching its first regional data centre in Thailand as a step towards enhancing cloud services. The news underlines Thailand's growing status as a hub for tech development and investment in the region.

 

"Google’s cloud and data centre infrastructure in Bangkok and Chonburi will help meet the increasing demand for Google Cloud capabilities and AI innovations, as well as the company’s popular digital services—such as Search, Maps, and Google Workspace," the company declared.


The data centre will be located in an industrial estate in Chonburi, while the Google Cloud region, which includes hardware and software dedicated to providing services to both private and public sector entities, will be situated in the capital, Bangkok.

 

Prime Minister Paetongtarn Shinawatra noted that Google's investment was "perfectly aligned" with the country's Cloud First Policy. Today, she met with Ruth Porat, president and chief investment officer of Alphabet and Google, at the Government House, reported Thai PBS.

 

Paetongtarn thanked Google for its trust in Thailand’s potential to support its business, stating that her government would do its utmost to create a favourable and conducive environment for Google's operations. Porat added that Google's investment is expected to contribute approximately US$4 billion to Thailand's GDP by 2029.

 

Picture courtesy: Thai Rath

 

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-- 2024-10-01


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3 hours ago, webfact said:

Prime Minister Paetongtarn Shinawatra noted that Google's investment was "perfectly aligned" with the country's Cloud First Policy. Today,

 

Salivating much?

3 hours ago, webfact said:

Paetongtarn thanked Google for its trust in Thailand’s potential to support its business, stating that her government would do its utmost to create a favourable and conducive environment for Google's operations

 

      Se above.

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Of course good luck to everyone involved but what was signed during the visit?

Did Ruth put ink to paper?

 

 

 

And finally we can put those pesky Chonburi monkeys to work.

 

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4 hours ago, connda said:

Given the almost daily power outages we have had locally, I'm not sure where they plan to find the extra power.  Oh - I know!  Raise the rates for the commoners and then divert the power that they can no longer pay for.

Don't know where you live or how your setup is but I don't have that problem in Bangkok

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10 hours ago, webfact said:

According to a Deloitte study on the project, the investment is expected to create approximately 14,000 jobs annually until 2029.

 

Then starting in 2030, the AI will replace 100,000 workers a year, with robots.

 

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10 hours ago, webfact said:

According to a Deloitte study on the project, the investment is expected to create approximately 14,000 jobs annually until 2029

That'll make up for all the companies closing on the eastern seaboard.

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When you're pumping a billion dollars into a country there is much less chance they will be banning you.  Well, until the final check clears.  Musk did similar to get Brazil to see things his way just a few days ago.

Microsoft handled US gov't quite well: make enough US$500k donations to senators and congressional reps and, gosh darn it, you got yourself a lot of support!

 

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